About | HeinOnline Law Journal Library | HeinOnline Law Journal Library | HeinOnline
LOG IN
LOG IN

43 Geo. Wash. Int'l L. Rev. 345 (2011)
The OECD and the G20: An Ever Closer Relationship

handle is hein.journals/gwilr43 and id is 349 raw text is: THE OECD AND THE G20: AN EVER CLOSER RELATIONSHIP? PROF. DR. JAN WOUTERS* AND SVEN VAN KERCKHOVENt ABSTRACT This Article critically analyzes the recent developments in the relation- ship between the G20 and the Organisation for Economic Co-operation and Development (OECD). The OECD has been one of the world's key economic institutions since its establishment. Recently however, its lim- ited membership and the engagement of other international organiza- tions in its traditional issue fields have increased the fear that the OECD might become less relevant within the global economic architecture. At first, the emergence of the G20 reinforced this fear. However, thanks to the activism of the OECD's secretary-general, its pool of knowledge, and the expertise of its secretariat, the OECD was able to turn the threat into an opportunity to revive itself The OECD increasingly performs opera- tional, implementation, and monitoring assignments for the G20, which itself lacks such capabilities. Recent G20 commmuniques support the claim that both entities increasingly cooperate in order to solve their respective shortcomings. The increased cooperation allowed the OECD to regain its relevance within the global economic governance architecture, while the G20's functioning is strengthened thanks to the contributions of the OECD on a growing number of issues. The growing concrescence of both organizations raises some concerns about the role and function- ing of both entities in the global economic governance architecture. TABLE OF CONTENTS INTRODUCTION ......... ...................................... 346 I. PAST WAVES WITHIN THE OECD ................... 347 11. THE RISE OF THE G20 ............................ 352 III. RATIONALE FOR THE GROWING COOPERATION .......... .356 * Jean Monnet Chair, European Union and Global Governance; Professor of Inter- national Law and International Organizations; and Director, Leuven Centre for Global Governance Studies and Institute for International Law, University of Leuven. Ph.D. 1996, Law University of Leuven; LL.M. 1990, Yale University; Lic. Juris 1987, University of Ant- werp; B.Phil. 1984, University of Antwerp. t Research Fellow, Leuven Centre for Global Governance Studies, University of Leuven; Ph.D. Candidate, Political Economy, University of Leuven. Master of Comparative and International Politics 2010, University of Leuven, cum laude Master of Business Eco- nomics 2009, University of Leuven, magna cum laude, Bachelor of Business Economics 2008, University of Leuven. The authors express their sincere gratitude for the comments they received from Ambas- sador Chris Hoornaert. 345

What Is HeinOnline?

HeinOnline is a subscription-based resource containing thousands of academic and legal journals from inception; complete coverage of government documents such as U.S. Statutes at Large, U.S. Code, Federal Register, Code of Federal Regulations, U.S. Reports, and much more. Documents are image-based, fully searchable PDFs with the authority of print combined with the accessibility of a user-friendly and powerful database. For more information, request a quote or trial for your organization below.



Short-term subscription options include 24 hours, 48 hours, or 1 week to HeinOnline.

Purchase Access

Contact us for annual subscription options:

Contact Us

Already a HeinOnline Subscriber?

Log In

profiles profiles most